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Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Gabriel E. Martinez
  • Investor
  • Florida
1
Votes |
7
Posts

Trusts on Mortgaged Properties

Gabriel E. Martinez
  • Investor
  • Florida
Posted

Regarding Florida Real Estate:

Can a property go in a trust if it is mortgaged?  

If so, who needs to be on the loan document/property title/trust? Can the trustees be people who are not on the loan or title (e.g. minor or adult children)?

Does the type of mortgage matter FHA vs Conventional vs hard-money?

Thank you BP!

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